Yangzijiang Financial Holding proposed to spin off its Maritime investments segment on April 27, 2025. Ren Yuanlin will lead the Spin off Group. The maritime investments segment into a newly incorporated company that will be listed separately on the Mainboard of the Singapore Exchange. The proposed transaction involves transferring the Groups maritime investments assets into a new entity, to be listed by way of introduction. The Spin-off Group will function as a dedicated maritime investment platform, focusing on unlocking value across the entire maritime value chain. From finance leasing and brokerage services to broader investment participation, the Spin-off Group aims to capitalise on its expertise in both shipbuilding and investment to proactively capture high-growth opportunities in the maritime industry, thereby generating sustainable long-term value for its shareholders. Under Ren Yuanlin’s leadership, Yangzijiang Financial has built a strong track record in maritime investments, with revenue contribution more than doubling in FY2024. In the meantime, the remaining group will continue its focus on funds, diversified asset management capabilities, and investment operations. Leveraging Singapore as a strategic hub, the entity is well-positioned to capture growth opportunities in Southeast Asia’s emerging investment landscape.
Shareholders should note that the Proposed Spin-off and Listing are at a preliminary stage and the Company has not formally consulted the SGX-ST on the Proposed Spin-off and Listing, and no definitive decision has been made. It is expected to proceed by way of introduction on the SGX, subject to regulatory, shareholder, board approvals and compliance with applicable rules of the listing manual of the SGX-ST and the then-prevailing market conditions. Completion is targeted within 6 to 12 months.